rangika_ailapperuma

NASDAQ 100 analysis. Get ready for next week!!!

Nasdaq 100 expanded on Thursday engulfing Monday, Tuesday and Wednesday trading ranges. On Friday index expanded on the 15-minute chart as shown above. This can certainly create a big move of more than 100 points in either direction. Yet uptrend is more likely to hold.
Risk Management

If the price moves 100 points how much do you want to risk? 20/30 points?
How much margin do you need to execute a trade? $20 per standard lot?
How much % risk do you want to take? 2%, 10% on this trade?

Trade efficiently, Trade safe!!!


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